Key Points
- CBIZ director Benaree Pratt Wiley sold 8,288 shares on December 2 at an average price of $49.54 for a total of $410,587.52, reducing her stake by 18.73% to 35,956 shares, according to the SEC filing.
- CBIZ recently reported quarterly EPS of $1.01 (beating estimates) but missed revenue expectations, set FY2025 guidance of 3.600–3.650 EPS, and its shares trade around $52.25 amid a one‑year range of $47.88–$90.13.
CBIZ, Inc. (NYSE:CBZ - Get Free Report) Director Benaree Pratt Wiley sold 8,288 shares of the business's stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $49.54, for a total transaction of $410,587.52. Following the completion of the transaction, the director directly owned 35,956 shares in the company, valued at $1,781,260.24. This trade represents a 18.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
CBIZ Stock Performance
CBZ traded down $1.32 during trading on Friday, hitting $52.25. 18,882 shares of the company traded hands, compared to its average volume of 521,032. CBIZ, Inc. has a one year low of $47.88 and a one year high of $90.13. The stock's fifty day moving average is $52.62 and its 200 day moving average is $62.15. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.80. The firm has a market cap of $2.84 billion, a P/E ratio of 34.35 and a beta of 0.94.
CBIZ (NYSE:CBZ - Get Free Report) last released its earnings results on Wednesday, October 29th. The business services provider reported $1.01 earnings per share for the quarter, beating analysts' consensus estimates of $0.94 by $0.07. The firm had revenue of $693.82 million for the quarter, compared to analysts' expectations of $709.18 million. CBIZ had a net margin of 3.89% and a return on equity of 14.00%. The company's quarterly revenue was up 58.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.93 earnings per share. CBIZ has set its FY 2025 guidance at 3.600-3.650 EPS. As a group, equities analysts predict that CBIZ, Inc. will post 2.65 EPS for the current fiscal year.
Hedge Funds Weigh In On CBIZ
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Quarry LP purchased a new position in shares of CBIZ during the 1st quarter valued at about $26,000. MAI Capital Management grew its holdings in shares of CBIZ by 243.9% during the 1st quarter. MAI Capital Management now owns 423 shares of the business services provider's stock valued at $32,000 after purchasing an additional 300 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in shares of CBIZ in the second quarter worth about $35,000. Strategic Wealth Investment Group LLC bought a new stake in shares of CBIZ in the 2nd quarter valued at about $37,000. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in CBIZ by 377.8% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 559 shares of the business services provider's stock valued at $30,000 after acquiring an additional 442 shares during the period. Hedge funds and other institutional investors own 87.44% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on CBZ shares. William Blair reiterated an "outperform" rating on shares of CBIZ in a research note on Friday, September 5th. Weiss Ratings lowered CBIZ from a "hold (c-)" rating to a "sell (d+)" rating in a report on Friday, October 24th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold".
View Our Latest Stock Analysis on CBIZ
CBIZ Company Profile
(
Get Free Report)
CBIZ, Inc provides financial, insurance, and advisory services in the United States and Canada. It operates through Financial Services, Benefits and Insurance Services, and National Practices segments. The Financial Services segment offers accounting and tax, financial advisory, valuation, risk and advisory, and government healthcare consulting services.
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